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Non-profit looks to sell Gramercy Park building as development site

Jon Epstein and United Cerebral Palsy
Jon Epstein and United Cerebral Palsy

The non-profit United Cerebral Palsy Has Put Its East 23rd Street building on the block, the New York Post reported. Located at 122-130 East 23rd Street, the 60,000-square-foot building is being marketed as a development site.

The sale price could hit $80 million, or $400 per buildable square foot, the Post said.

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The Building Is Located Between Park Avenue South and Lexington Avenue and runs the block to 22nd Street. Zoning on the site is split, allowing for a roughly 200,000-square-foot residential building to come up 210 feet on East 23rd Street; on East 22nd Street, the structure could rise to 135 feet.

The non-profit has hired Avison Young brokers Jon Epstein, Charles Kingsley, Neil Helman and Vin Carrega to find a buyer.

Neither UCP or Avison Young returned the Post’s calls seeking comment. [NYP, 3rd item]Zachary Kussin

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